8,000 programs with a distribution level of over 150,000 awards for undergraduate and postgraduate students worth a total of more than $35 million is what EdFed's comprehensive scholarship database contains. It also includes student loan forgiveness programs for those who have graduated from college and need alternatives for repayment.

Applicant must be enrolled in a full-time, undergraduate or master's degree program or be a co-op student at an accredited college or university. Applicant must demonstrate or express a genuine interest in a career in naval engineering and be a U.S. citizen. Selection is based upon academic record, work history, professional promise, extracurricular activities, and recommendations. Financial need may be considered. Graduate applicants must be members of ASNE.

EdFed reduced my interest rate by a substantial amount. I can rest assured knowing that the rising of interest rates will not affect me. I am satisfied to say that they saved me $231 on my monthly payments and I would definitely recommend them to anyone looking to consolidate their loans. - Clint W. New Orleans, LA

Student Loan Consolidation Info - How to Choose the Right Loan Company

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Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.